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Based on the OI percentage, 55 stocks were on the short-covering list. These included MCX India, IDFC First Bank, Indraprastha Gas, HDFC AMC, and Indiabulls Housing Finance.
As many as 88 stocks were on the short-covering list based on the open interest percentage. These included Rain Industries, Hindustan Aeronautics, Dr Lal PathLabs, LIC Housing Finance and Mahanagar Gas
63 Moons shares gained nearly 3 percent to close at Rs 207.50 with significantly higher volumes, though there was an erosion of gains from its intraday high of Rs 227.55 due to profit taking.
India’s April macro factors have seen improvement with record GST collection, improved PMI numbers, trade deficit narrowing to near two-year lows, and sharp softening in headline and core inflation
Stocks to watch: Shares of firms like Tata Motors, HPCL, ONGC, Mankind, Eicher Motors, Cipla, and others will be in focus on Friday's trade.